02 July 2013. Acquisition of Todoroo, Inc.

Further to the Company’s announcement on 2 May 2013, TMT Investments PLC, which invests in high-growth internet-based companies across a variety of sectors, is pleased to confirm that the maximum consideration receivable by TMT as part of the acquisition of its portfolio company Todoroo, Inc. (“Astrid”) by Yahoo! Inc. is US$673,665.75, subject to deductions in the event of breaches of certain representations and warranties by Astrid.

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